4031 MINNEHAHA AVE MINNEAPOLIS MN 55406

PID: 0702823240149

Property Overview

Parcel ID0702823240149

Lot Size4,829 sq ft (0.111 ac)

Lot Dimensions (est.)125 ft wide × 38 ft deep

Year Built1916

Property ClassRESIDENTIAL

OwnerJEFF GRABAU

Assessed Value$213,300

Land Value$94,000

Building Value$119,300

Annual Tax$3,216

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Goods and Services CorridorHigh

On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.

Minneapolis Great Streets ↗

Potential programs

Great Streets Façade Improvement ProgramMedium

Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.

Minneapolis — Facade Improvement Matching Grant ↗

Environmental Response FundMedium

Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.

Minneapolis — Brownfield Grants ↗

Signals are based on public datasets; program eligibility requires verification.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Hiawatha · Minneapolis

Median reported rent1,127/mo

Renter-occupied37.3%

Median home value$308K

Vacancy rate0.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 1104

Market Snapshot

Zip code 55406

Median sale price$340K+3.0% YoY

Median price / sqft$248/sqft

Median days to close21 days

Active listings39

Source: Redfin Data Center (Invalid Date) · Zip 55406

Zoning

RM1Residence Goods and Services

Residential Mixed-Use 1 — low-density mixed residential

Typical Uses

·Apartments
·Townhomes
·Neighborhood-scale retail on ground floor

Max Height45 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width30 ft

Buildable depth81 ft

Area~2,421 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,421 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
4035 MINNEHAHA AVE MINNEAPOLIS MN 55406	CHRISTINA CAUBLE	RESIDENTIAL	$267,000	40 ft
4027 MINNEHAHA AVE MINNEAPOLIS MN 55406	JORY M ISENHOWER	RESIDENTIAL	$257,400	40 ft
4039 MINNEHAHA AVE MINNEAPOLIS MN 55406	KELLY MEYER	RESIDENTIAL	$263,800	80 ft
4031 36TH AVE S MINNEAPOLIS MN 55406	P B & K S GRIFFIN	RESIDENTIAL	$207,000	87 ft
4043 MINNEHAHA AVE MINNEAPOLIS MN 55406	JOHN S GOTTSKALKSON	RESIDENTIAL	$171,200	120 ft
4036 37TH AVE S MINNEAPOLIS MN 55406	DAVID M ROSEN/RACHEL C ROSEN	RESIDENTIAL	$298,400	126 ft
4040 37TH AVE S MINNEAPOLIS MN 55406	WALTER MENDEZ	RESIDENTIAL	$207,400	126 ft
4029 36TH AVE S MINNEAPOLIS MN 55406	EDWARD JOHN CASEY	RESIDENTIAL	$134,000	130 ft
4048 37TH AVE S MINNEAPOLIS MN 55406	GLENDA G COX	RESIDENTIAL	$190,500	140 ft
4032 37TH AVE S MINNEAPOLIS MN 55406	LARRY O FLATEGRAFF & WIFE	TRIPLEX	$362,400	141 ft

Property History

Most Recent Sale

Date200609

Price$190,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,216